The Bitcoin pullback in 2025 wasn't a collapse—it was a necessary recalibration. According to insights from institutional players in the space, the next market cycle will be shaped by institutional capital and real-world assets (RWAs), not retail hype.

Here's the thing: RWAs are forecasted to hit $10–15 trillion within the next five years. That's a massive influx of traditional finance entering the crypto ecosystem. The question everyone should be asking isn't whether this happens, but how Bitcoin fits into this new landscape.

Will BTC maintain its position as the cornerstone asset? Or will the emergence of RWA-backed tokens reshape the hierarchy entirely? Both scenarios have merit. Bitcoin's network effects and first-mover advantage are undeniable, but institutional-grade RWAs offer something different—tangible collateral and regulatory clarity.

The real game is watching where capital flows. Institutions don't move fast, but when they do, markets transform completely.